Market At A Glance

The fundraising tally reflects the activities of various shops including Global Infrastructure Partners, which held the final close of its latest investment vehicle well above the $5 billion it was seeking. Global Infrastructure Partners II LP closed with $8.25 billion in commitments. The New York-based shop is focused on making infrastructure deals in the energy, transport and water sectors.

Atlanta-based Roark Capital Group also held the final close of Roark Capital Partners III LP at $1.5 billion. In addition, Trivest Partners LP secured $415 million for its latest fund. Trivest Fund V had an original target of $325 million and a $400 million cap.

On the Deals Front

Thomson Reuters, which publishes Buyouts, tracked 52 deals involving U.S.-based financial sponsors from Sept. 26 to Oct. 9. The 13 with known financial terms combined for about $6.4 billion. This brought year-to-date deal volume to $70.3 billion. Three transactions had disclosed values north of $1 billion. The largest was TPG Capital LP’s purchase of Par Pharmaceutical Cos. Inc. The deal for the New Jersey-based drug company had a rank value of $1.96 billion.